DOE Failed Investments in Green Companies
The federal government should not be involved in investing in the market. Leave that to venture capitalists, that is what they are experts in doing. Markets should not be manipulated by a government trying to force open a market for what it considers important, namely green jobs.
Markets are highly complex, and managed by individuals and companies making decisions on how and where to spend or invest their money. It is efficient because it is based on choice. When the government takes my money in the form of taxes, and spends it not how I would, but how they prefer I would, that is inefficient.
This list of failed investments is evidence of that.
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